Below are the financial statements of CarGurus, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 304.19a | 291.36a |
| Short-term investments | 0a | 20.72a |
| Accounts receivable, net | 44.25a | 39.96a |
| Inventory | 0.34a | 0.33a |
| Prepaid expenses, prepaid income taxes and other current assets | 27.87a | 25.15a |
| Deferred contract costs | 12.52a | 11.1a |
| Restricted cash | 2.04a | 2.56a |
| Total current assets | 391.21a | 391.19a |
| Property and equipment, net | 130.01a | 83.37a |
| Intangible assets, net | 11.77a | 23.06a |
| Goodwill | 46.17a | 157.9a |
| Operating lease right-of-use assets | 121.48a | 169.68a |
| Deferred tax assets | 106.67a | 73.36a |
| Deferred contract costs, net of current portion | 13.2a | 13a |
| Other non-current assets | 4.03a | 7.38a |
| Total assets | 824.54a | 918.93a |
| Liabilities, redeemable noncontrolling interest and stockholders’ equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 26.41a | 47.85a |
| Accrued expenses, accrued income taxes and other current liabilities | 35.98a | 33.72a |
| Deferred revenue | 21.66a | 21.32a |
| Operating lease liabilities | 9.01a | 12.28a |
| Total current liabilities | 93.05a | 115.18a |
| Operating lease liabilities | 183.74a | 182.11a |
| Deferred tax liabilities | 0.03a | 0.06a |
| Other non-current liabilities | 6.03a | 4.73a |
| Total liabilities | 282.85a | 302.08a |
| Stockholders’ equity | — | — |
| Preferred stock | 0a | 0a |
| Class A common stock | 0.09a | 0.09a |
| Class B common stock | 0.02a | 0.02a |
| Additional paid-in capital | 169.01a | 263.5a |
| Retained earnings | 375.12a | 354.15a |
| Accumulated other comprehensive loss | -2.55a | -0.9a |
| Total stockholders’ equity | 541.69a | 616.85a |
| Total liabilities, redeemable noncontrolling interest and stockholders’ equity | 824.54a | 918.93a |
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